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    International Economics Study Set 12
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    Exam 11: Foreign Exchange
  5. Question
    When the Exchange Rate (Dollars Per Pound) Decreases, the
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When the Exchange Rate (Dollars Per Pound) Decreases, the

Question 45

Question 45

Multiple Choice

When the exchange rate (dollars per pound) decreases, the


A) quantity of pounds demanded decreases.
B) quantity of pounds demanded decreases
C) demand curve for pounds shifts rightward.
D) demand curve for pounds shifts leftward.

Correct Answer:

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